Alaska Air Gets Compensation from Boeing for Midair Mishap, 737 Max 9 Grounding

Key TakeawaysAlaska Air announced that it was getting monetary compensation from Boeing following the January midair incident when a door plug in a 737 Max 9 blew out.The airline said the mishap and the subsequent grounding of the Max 9 planes significantly affected operations and financial results, costing it $160 million in the first quarter.Alaska Air explained that Boeing paid the $160 million, and it expects additional compensation from the plane maker. Alaska Air Group (ALK) reported Thursday it was r ...